Fintech

So far, the group’s business has not been impacted by the coronavirus outbreak.

Oriente will use the new funding to strengthen its business in the Philippines.

The company will provide both capital and strategic assistance as Digiasia looks to strengthen its services for underserved individuals and SMEs.

The startup aims to lend about USD 138.3 million (INR 1000 crores) by the end of the next financial year.

The firm helps established health insurance companies take their businesses online.

There are at least 27 Indonesian startups with valuations above USD 100 million.

Previously the head of DBS ‘s consumer banking unit, Wawan Salum is now the CEO of Atome .

The two companies share Mitsubishi and Visa as investors.